Minesto Balance Sheet Health
Financial Health criteria checks 4/6
Minesto has a total shareholder equity of SEK581.5M and total debt of SEK500.0K, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are SEK603.8M and SEK22.4M respectively.
Key information
0.09%
Debt to equity ratio
SEK 500.00k
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 76.05m |
| Equity | SEK 581.46m |
| Total liabilities | SEK 22.37m |
| Total assets | SEK 603.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7MN's short term assets (SEK83.7M) exceed its short term liabilities (SEK21.9M).
Long Term Liabilities: 7MN's short term assets (SEK83.7M) exceed its long term liabilities (SEK500.0K).
Debt to Equity History and Analysis
Debt Level: 7MN has more cash than its total debt.
Reducing Debt: 7MN's debt to equity ratio has reduced from 0.1% to 0.09% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 7MN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 7MN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.3% each year